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Tesla reports Bitcoin impairment charge in Q4 2022

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On Wednesday, Tesla disclosed in its latest earnings report that it had not purchased or sold any Bitcoin during the fourth quarter of 2022. The electric car manufacturer still reported $34 million worth of impairment charges due to their Bitcoin holdings dropping to $184 million—down from Q3’s impressive figure of $218 million. In accounting, an … Tesla reports Bitcoin impairment charge in Q4 2022 Read More »
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